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0.000173837461973062 0.000217296827466286 0.00063740402723445 0.00107199768216719 0.00249167028828033 0 0 0
Stock impact report

L3Harris Reshapes Portfolio With VAMPIRE Ramp Missile IPO And Motors Push [Yahoo! Finance]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
L3Harris Technologies (NYSE:LHX) is ramping up production of its VAMPIRE counter drone systems for U.S. and international customers. The company plans an initial public offering of its Missile Solutions segment as a separate business. L3Harris is pursuing major new contracts in solid rocket motors with the goal of becoming the largest supplier in that market. L3Harris enters this series of moves with a current share price of $339.93 and a 1 year return of 65.2%, alongside an 80.7% return over 5 years. The stock is also up 11.6% year to date, despite a 6.8% decline over the past month and a 1.6% decline over the past week, which gives helpful context for how the market has been reacting around recent announcements. For investors, the combination of higher volume VAMPIRE production, a planned Missile Solutions IPO, and ambitions in solid rocket motors points to a meaningful reshaping of NYSE:LHX. The key questions now center on execution, how the spinoff is structured, and how Show less Read more
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